Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EU Cohesion policy: Bulgaria among best performing countries in terms of spending in 2020

Photo: archive

Bulgaria, alongside Sweden, Greece, Cyprus, Finland, Portugal and the Netherlands are the best performers in terms of EU Cohesion policy spending , the European Commission writes.

During the 2014-2020 programming period Bulgaria had 11.7 billion euro at its disposal, of which 10.6 billion prearranged and 6.1 billion spent. 53% of the funding allocated for cohesion policy has been absorbed. The biggest sum, over 2 billion euro, was spent on environmental policies, 1.7 million on improving competitiveness of SMEs. 1.35 billion euro was spent on transport, energy and infrastructure projects. Some of the funding is yet to be paid out and absorbed, investor.bg writes.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The money transferred by Bulgarian emigrants to their country increase by 15.7% in Q1 of 2025

Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..

published on 6/16/25 9:13 AM

The euro is a guarantee of stability, says Minister of Economy Petar Dilov

The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..

published on 6/7/25 11:03 AM

IME: June 3 is the day when taxpayers start working for themselves

According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..

published on 6/3/25 1:47 PM